PNGS Reva Diamond Jewellery IPO Date & Price 2026
PNGS Reva Diamond Jewellery IPO Date: Your Guide to This Sparkling Opportunity
Have you heard the buzz about PNGS Reva Diamond Jewellery going public? It's like watching a rough diamond get polished into something brilliant – exciting times for investors eyeing the jewelry sector.
Discover PNGS Reva Diamond Jewellery IPO date (Feb 24-26, 2026), PNGS Reva Diamond Jewellery IPO price (₹367-₹386), and tips on the best trading course in India to trade this IPO confidently.
What is PNGS Reva Diamond Jewellery?
PNGS Reva Diamond Jewellery is a rising star in India's jewelry retail world, specializing in diamond-studded pieces set in gold and platinum. They sell everything from elegant rings and earrings to necklaces and bangles under their flagship brand, "Reva." With 34 stores spread across 25 cities in Maharashtra, Gujarat, and Karnataka, they've built a solid presence using models like company-owned stores and franchises.
Imagine walking into a store where affordable luxury meets everyday wear – that's Reva's vibe. Their in-house designers and skilled artisans create 13 unique collections, catering to weddings, festivals, and casual looks. Promoters hold about 87% stake pre-IPO, backed by the legacy of P.N. Gadgil & Sons.
This setup gives them an edge in a market where trust and sparkle matter most.
PNGS Reva Diamond Jewellery IPO Date Explained
The big question on everyone's mind: What's the PNGS Reva Diamond Jewellery IPO date? It opens today, February 24, 2026, and runs through February 26, 2026. Allotment gets finalized on February 27, with shares hitting your demat by March 2, and listing on BSE and NSE on March 4.
Why does the date matter so much? IPO windows are short, like a flash sale on diamonds – miss it, and you're out. Retail investors, get your UPI ready because bidding starts now.
Subscription status will update live on sites like Chittorgarh or BSE, so keep checking.
PNGS Reva Diamond Jewellery IPO Price Band Breakdown
PNGS Reva Diamond Jewellery IPO price sits between ₹367 and ₹386 per share, with a face value of ₹10. The total issue size is a fresh ₹380 crore from 0.98 crore shares – no offer for sale here.
At the upper end, one lot (minimum 32 shares) costs about ₹12,352. Retail maxes at 16 lots (₹1.97 lakh), while HNIs go bigger. It's book-built, so demand sets the final cut-off price.
Think of the price band as the jeweler's showcase – pick what fits your budget, but aim high for potential gains.
How to Apply for the PNGS Reva Diamond Jewellery IPO
Applying is straightforward, even if you're new. Log into your broker's app like Zerodha, Upstox, or Groww, find the IPO section, select PNGS Reva, enter lots, and bid at cut-off or specific price using UPI or ASBA.
Need a demat account? Open one free with most brokers. Retail quota is 10%, QIB 75%, NII 15% – apply under retail for ₹2 lakh cap.
Pro tip: Bid early on day one when enthusiasm peaks. Registrar Bigshare handles it all.
Company Background and Growth Story
Born in 2004 from P.N. Gadgil's slump sale, PNGS Reva focuses on accessible diamond jewelry. They blend in-house designs with artisan crafts, operating via FOCO, FOFO, and COCO models for flexibility.
From 13 stores initially to 34 now (647 running feet), they've expanded smartly in Tier-1 to Tier-3 cities. Promoters like Govind and Renu Gadgil bring decades of jewelry savvy.
It's like a family jeweler scaling up nationally – rooted in tradition, aiming for modern growth.
Financial Performance: Numbers That Shine
Reva's finances sparkle brightly. FY25 revenue hit ₹259 crore (up 32% YoY), PAT ₹59.5 crore (40% growth). H1 FY26 revenue ₹157 crore, PAT ₹20 crore.
Key metrics: ROE 166%, ROCE 80%, EBITDA margin 42%, debt-equity 0.9. EPS ₹35.21, P/E ~11x post-IPO.
|
Period |
Revenue (₹ Cr) |
PAT (₹ Cr) |
EBITDA Margin |
|
FY23 |
199 |
52 |
- |
|
FY24 |
196 |
42 |
- |
|
FY25 |
259 |
59 |
42% |
|
H1 FY26 |
157 |
20 |
20% |
These numbers show resilience amid gold price swings.
IPO Funds: Where Will the Money Go?
Proceeds target expansion: ₹286 crore for 15 new stores by FY28 in new cities, ₹35 crore for Reva marketing, rest corporate uses.
This funds growth without debt overload. New stores mean more footfall, like opening branches in your neighborhood.
Smart allocation for scaling the brand footprint.
Grey Market Premium (GMP) Insights
Current GMP is ₹16 (as of Feb 21), hinting at ₹402 listing price (+4% over ₹386 upper band). Earlier it was ₹21, now moderated.
GMP isn't guaranteed – it's grey market sentiment. Positive sign for modest listing pop.
Watch daily; it fluctuates like unpolished gems.
Risks and Strengths of This IPO
Strengths: Legacy brand, diversified products, regional dominance, strong finances.
Risks: Competition from giants like Tanishq, gold volatility, consumer shifts, high ops costs.
Jewelry's cyclical – festivals boost, but slowdowns hurt. Still, Reva's affordable focus helps.
Listed Peers in the Jewelry Market
Compare with peers for valuation:
|
Company |
P/E (x) |
EPS (₹) |
|
TBZ |
15.7 |
10.25 |
|
Thangamayil |
81 |
42 |
|
Senco Gold |
33 |
10 |
Reva's 11x P/E looks reasonable, undervalued vs. peers.
Why Consider the Best Trading Course in India Now?
IPOs like this are perfect to practice trading skills. Ever wondered, "How do I spot winners?" A best trading course in India teaches charts, risk management, and IPO strategies – essential before jumping in.
With markets volatile, knowledge is your diamond cutter. Tie it to your finance blog content too.
Top Picks for Best Trading Course in India
Trendy Traders Academy tops lists – trained 15k+ students, offers 'Trade Like A Pro' with practical strategies, online/offline. ISO-certified, featured in Forbes.
Others: Elearnmarkets (₹100/day masterclass), QuantInsti (algo focus), NSE Academy. For beginners, Trendy Traders shines for real-market sims.
|
Course |
Focus |
Why Best? |
|
Trendy Traders |
Technical + Practical |
15k students, pro strategies |
|
Elearnmarkets |
Basics to Advanced |
Affordable, live classes |
|
QuantInsti |
Algo Trading |
Industry experts |
Personalize: If algo trading calls, Quanttrix or QuantInsti.
Preparing Your Demat Account for IPOs
Link Aadhaar, PAN, bank – must for UPI mandates. Choose brokers with easy IPO access like Upstox.
Fund account pre-open. Practice with paper trading from courses.
What Happens After Subscription?
Allotment on Feb 27 – check via registrar/BSE. Shares credit March 2, list March 4. Unallotted refunds same day.
Sell on list day or hold? Depends on your strategy.
Final Thoughts on PNGS Reva IPO
PNGS Reva offers growth in bling business – apply wisely, learn trading via top courses. Markets reward the prepared.
FAQs
What is the exact PNGS Reva Diamond Jewellery IPO date?
It opens February 24, 2026, and closes February 26, 2026.
What is the PNGS Reva Diamond Jewellery IPO price band?
₹367 to ₹386 per share.
How much is the minimum investment for PNGS Reva IPO?
₹12,352 for 32 shares (1 lot).
What is the GMP for PNGS Reva Diamond Jewellery IPO?
₹16 as of late February 2026, suggesting modest listing gain.
Which is the best trading course in India for IPOs?
Trendy Traders Academy stands out for practical stock training.
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